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MarketMinute.com Stock News
November 09, 2012 at 13:47 PM EST
Wider Than Expected Loss For J.C. Penney
J.C. Penney Company Inc. (
) disappointed with a wider than expected loss for the third quarter of 56 cents per share compared with 67 cents per share last year as revenue plunged. The stock price lost 80 cents to $20.89.
PENNEY COMPANY, Inc.
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